*Guide | £275,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Substantial End of Terrace Commercial Building in a Prominent Town Centre Location arranged over Ground, First & Second Floors. Asset Management & Residential Conversion Potential (Subject to Obtaining all Relevant Consents). Offered with Vacant Possession. Recent passing rent of £40,000 per annum
The property comprises a substantial end-of-terrace commercial building arranged over ground, first, and second floor levels. The premises feature an expansive ground floor commercial space together with flexible upper-floor accommodation suitable for alternative uses or re-configuration.
Tenure
Freehold
Location
The property occupies a prominent trading position on the east side of High Street, the main commercial and retail thoroughfare in Cardigan town centre. Nearby occupiers include a mix of national retailers and established local independent businesses.
Accommodation
Ground Floor Retail Area G.I.A. Approx. 3,877 sq ft First Floor Offices and Ancillary Space G.I.A. Approx. 1,163 sq ft Second Floor Ancillary Space G.I.A. Approx. 1,115 sq ft Total G.I.A. Approx. 6,155 sq ft
Planning
The property offers significant asset management and conversion potential to residential or mixed-use upper floors, subject to obtaining all relevant statutory consents.
Tenancy
The property is let to TG Jones for £40,000 per annum until the 1st October 2026 which is when the property will become vacant.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
